What is gdp per capita in South Korea?

Gdp per capita in South Korea was 56,280 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

What is the highest gdp per capita recorded in South Korea?

The highest recorded value was 56,280 international-$ in 2021 prices in 2023.

What is the lowest gdp per capita recorded in South Korea?

The lowest recorded value was 1,243 international-$ in 2021 prices in 1953.

How does South Korea rank for gdp per capita?

South Korea ranks 24th out of 184 countries with data for 2023.

Is gdp per capita rising or falling in South Korea?

Over the last ten years it is up 38.1%. The long-run trend across the full record is volatile.

Where does this South Korea data come from?

The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

GDP per capita in South Korea

Name: GDP per capita in South Korea
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

South Korea: GDP per capita was 56,280 international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)

56,280 international-$ in 2021 prices

Change on year

up 1.6%

World rank

24th

of 184 countries

All-time high

56,280 international-$ in 2021 prices

in 2023

All-time low

1,243 international-$ in 2021 prices

in 1953

Years of data

1953–2023

GDP per capita in South Korea, 1953–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

South Korea recorded 56,280 international-$ in 2021 prices for gdp per capita in 2023. That is the highest value across all 71 years on record.

Compared with earlier readings it is up 1.6% on the previous year and up 38.1% over ten years.

Over the whole period, gdp per capita in South Korea peaked at 56,280 international-$ in 2021 prices in 2023 and was at its lowest, 1,243 international-$ in 2021 prices, in 1953.

South Korea ranks 24th of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	1,368 international-$ in 2021 prices	1,243 international-$ in 2021 prices	1,455 international-$ in 2021 prices	7
1960s	1,736 international-$ in 2021 prices	1,408 international-$ in 2021 prices	2,329 international-$ in 2021 prices	10
1970s	4,577 international-$ in 2021 prices	2,475 international-$ in 2021 prices	6,519 international-$ in 2021 prices	10
1980s	9,100 international-$ in 2021 prices	6,115 international-$ in 2021 prices	13,801 international-$ in 2021 prices	10
1990s	22,742 international-$ in 2021 prices	15,364 international-$ in 2021 prices	28,400 international-$ in 2021 prices	10
2000s	35,582 international-$ in 2021 prices	28,757 international-$ in 2021 prices	41,050 international-$ in 2021 prices	10
2010s	44,821 international-$ in 2021 prices	40,766 international-$ in 2021 prices	50,970 international-$ in 2021 prices	10
2020s	54,252 international-$ in 2021 prices	51,392 international-$ in 2021 prices	56,280 international-$ in 2021 prices	4

Countries ranked near South Korea

21 Saudi Arabia 59,042 international-$ in 2021 prices compare
22 Hong Kong 58,703 international-$ in 2021 prices compare
23 Belgium 58,123 international-$ in 2021 prices compare
25 Canada 55,101 international-$ in 2021 prices compare
26 Kuwait 54,996 international-$ in 2021 prices compare
27 Bahrain 53,814 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for South Korea

Industry (including construction), value added 914.33 trillion current LCU (2025)
Final consumption expenditure 1.8% (2025)
Industry (including construction), value added 0.2% (2025)
Final consumption expenditure 65.7% (2025)
Industry (including construction), value added 660.05 billion constant 2015 US$ (2025)
Gross national expenditure 1.78 trillion current US$ (2025)
Gross national expenditure 2,524.87 trillion current LCU (2025)
Gross national expenditure 1.78 trillion constant 2015 US$ (2025)
Industry (including construction), value added 642.79 billion current US$ (2025)
Exports of goods and services 4.2% (2025)

All data for South Korea →

Frequently asked questions

What is gdp per capita in South Korea?: Gdp per capita in South Korea was 56,280 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in South Korea?: The highest recorded value was 56,280 international-$ in 2021 prices in 2023.
What is the lowest gdp per capita recorded in South Korea?: The lowest recorded value was 1,243 international-$ in 2021 prices in 1953.
How does South Korea rank for gdp per capita?: South Korea ranks 24th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in South Korea?: Over the last ten years it is up 38.1%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?: The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 71 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator: GDP per capita
Unit: international-$ in 2021 prices
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 184 places, 10,907 data points, 1950–2023
Last refreshed: 06 August 2026

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.